The ‘big why’ of the Gold reserves worth $425 billion that Elon Musk is looking for at ‘military installation’ in the US
Elon Musk may be planning to get a Gold audit done. Wondering why? The buzz seems to have started last week. In a series of posts on Twitter/X over the weekend, Department of Government Efficiency (DOGE) head Elon Musk raised questions about whether the gold reserves at Fort Knox are truly there. He said this in response to some conspiracy theorists who reportedly implied that Gold is not there. Incidentally, conspiracy theories about the missing Gold in the US are said to be not new. They have been said to be the topic of books and podcasts for years. As to the value of the Gold, it is said to be worth $425 billion.
As to those unaware what Fort Knox is? Fort Knox is the most famous repository for Gold in the US. Other than Fort Know, vast quantities of Gold are also reported to be held at mints in West Point, Denver and at the Federal Reserve vault in New York.
How the Gold chase started
According to reports, the Gold audit chatter/demand started after Elon Musk replied to a post from Alex Jones about Fort Knox’s “missing gold” by saying, “It would be cool to do a live video walkthrough of Fort Knox!”
This kind of started the Gold frenzy. “As a U.S. senator I’ve tried repeatedly to get into Fort Knox Fort Knox: “You can’t come to Fort Knox.” Me: “Why?” Fort Knox: “It’s a military installation.” Me: “I’m a senator; I go to military bases all the time.” Fort Knox: “You still can’t come. Because, you can’t,” wrote US senator Mike Lee.
“Who is confirming that gold wasn’t stolen from Fort Knox?” he wrote. “Maybe it’s there, maybe it’s not. That gold is owned by the American public! We want to know if it’s still there,” wrote Elon Musk, quoting Lee’s post.
In a separate post, Elon Musk wrote, “Looking for the gold at Fort Knox,” followed by a popular South Park meme featuring a character saying, “Annnnd it’s gone.” ““It would be cool to do a live video walkthrough of Fort Knox!”, Elon Musk wrote in another post.
“It would be cool for the public to see what so much gold looks like. It is theirs, after all! Hopefully, the storage facility has above zero style,” he wrote in another post.
Gold and ‘no-entry’ board at Fort Knox
According to Fort Knox website, Gold shipments to Fort Knox began in 1937. The highest recorded amount stored at the Kentucky Army installation was reportedly 649.6 million ounces. Currently, Fort Knox holds over 147 million troy ounces of Gold, more than any other location in the US, based on Treasury Department data. The facility is reported to follow a strict no-visitors policy. Beyond Gold, the Kentucky-based depository is said to house other valuable assets belonging to the U.S. government. It remains closed to the public and has rarely been accessible.
During World War II, Fort Knox protected key American documents, including the Bill of Rights, the Declaration of Independence, and the Constitution, which were returned to Washington, D.C., after the war ended.
